The Sunday morning news. [volume] (Jersey City [N.J.]) 1886-1891, 1887-07-24


SC ibed in the first section of this act, which
shall hereafter be made and executed, shall
be void and Of no effect against subse-
quent judgment creditor CT bona fde as
signee or MORTGAGE, for valuable consia-
Grafton, not having notice thereof, unless
such mortgage or instrument shall be
acknowledged or proved according to law,
and recorded or lodged for that purpose
with the clerk Of the court of common.
Pleas, or the register of deeds, az the case
may be, of the county in which such lands
tenements and hersditaments are sif1atea,
within fifteen days after the time of signing
and delivering the same, or before the TIM
Of entering such judgment, or of recording
or lodging With the clerk or register as
aforesaid, the said mortgage or assign ment
to such subsequent purchaser or mort
gagee; provided, nevertheless, that such
mortgage; as between the parties there
and their heirs, sneli be valid and opera
tive.
And be it enacted, That the clerks Of
the courts OF common pleas Of the several
counties OF this state, aud the registers Of
deeds, as The case may be, may at the re-
quest of any mortgage of such leasehold
estates register all mortgages or defeasible
deeds 10 the nasure of mortgages of such
leasebola estates. lying and being within
his county, by entering in fit books pre-
pared for that purpose the names Of the
mortgagor and mortgage, the date Of the
mortgage, the mortgage money, and when
payable. and the description and bound
aries the lands, tenements and hsrsdita-
ments mortgaged.
5. And be it enacted, That all such mort
cages and all covenants aad stipulations
therein contained shall be assignable at law
by writing ia the same manner in which
mortgages of freehold estates ara assigaa-
bic, and that the several county clerks and
registers OF deeds shall recor such assign
ments IN the same manner as they are now
required to record assignments of mort
cages of freehold estates. and that the re-
corr thereof shall have the same effect as
is now given by the law to assignments of
mortgages, of freehold estates.
6. And be 1t enacted, That all acts and
parts of acts now III force in relation 10
the conveyance and mortgaging of free
hold estates, and III relation to the record
ing, registering and assignments thereof,
and IN relation to the duties of the several
county clerks and registers of deeds in
reference thereto and their fets therefor
snail be applicable to the conveyances, as
sglmenis and mortgages of the above
mentioned leasehold estates.
z. Aud be it enacted, That all such in
struments in writing creating, assigning
aud mortgaging the ieaseLold estates here
inabove mentioned, and all assigum =nts
OF such mortgages shall be recorded by
the said clerks OF the court OF common
p cas- and registers Of dee Is as aforesaid in
the books provided for the recording and
registry Of conveyances and mortgages of
freehold estates and that the assignments
of mortgages OF sucn leasehold estates
shall be recorded ia the books provided
for the recording assignments of mort
cages on freehold estates, and that the
same shall be recorded by the said clerks
and registers in the order ia which the
same shall have been received by them, in
their respective offices, in the same man
ner as if they were instruments relating to
freehold estates.
S. And be it enacted, That in case any
Instruments in writing creating, mort
gazing. assigning, or assigning mortgages
of any leasehold estates of the CHI lracter
mentioned in the preceding sections of
this act, which shall have been here ofore
recorded in the manner provided by this
act, all such instruments of writing and
the record thereof shall have the same
Srce and effect for all purposes as if the
Suu1c udQ DCCa 1CCO1NCA uuACA bAC plO-
visions of this act and in &C co.dance there
with, and shall be notice of tue contents of
such instruments to subsequent purchasers,
mortgages and creditors in the same man
her and TO the same extent as il the same
bad been recorded under the provisions of
bis act, and that the records of all such
Instruments whether heretofore or here
tier made, and the transcripts o. such
Acords, certified to be true transcripts by
lie said clerks or registers, in whose Office
She record is kept, shall be received in evil
dencs in any oSSTs of this state, and be as
good eifectual aud available in law as il
the original instrument were then and
there produced and proved; provided,
however, that this act or anything con-
, tanned in or provided for By it, shall not,
in any manner, aft ct tie rights of any
person, persons or corporation acquired IN
such leasehold estates prior to the passage
thereof
9. And be it enacted. That this act shall
take effect immediately.
Approved April 81, 1887.